Shiba Inu ($SHIB ) Price Prediction: Falling Wedge Signals 30% Breakout Potential

Shiba Inu (SHIB) is making waves again after a prolonged period of market silence. Currently trading around $0.0000127, the popular meme coin is flashing signs of a bullish reversal, supported by technical patterns and a surge in whale activity.

Bullish Falling Wedge Forms: #SHIB Eyes $0.000016

A falling wedge pattern has formed on SHIB's chart—often a precursor to strong upward price movements. According to well-known crypto analyst SHIB Knight, the breakout may have already begun. If this setup plays out, SHIB could rally toward $0.000016, marking a 30% gain from current levels.

Such technical structures are closely watched in the crypto community for their reliability in signaling price trend reversals. The pattern's breakout would suggest that selling pressure is fading and buyers are stepping in.

#Trading #Volume Spikes 40% in 24 Hours

Momentum behind SHIB’s potential breakout isn’t just theoretical—it’s showing up in the data.

Trading volume surged by 40% over the past 24 hours, indicating fresh interest from investors. Increased volume often serves as confirmation that a breakout has genuine support behind it, not just short-lived speculation.